I just found this short news in C|Net which states that Tera Computer will buy Cray Research from SGI for an undisclosed amount of cash, stocks and notes (although the Wall Street Journal estimates the price that Tera pays is less then $100 million, which is a fraction compared to what SGI had to pay when they bought Cray - $740 million). Tera is going to change their company name to ... Cray.
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